Treasury seeks Sh50bn from three reopened bonds

The National Treasury building in Nairobi on Sunday, May 24, 2020. PHOTO | DENNIS ONSONGO | NMG

The National Treasury is in the market seeking Sh50 billion from the sale of three reopened bonds this month.

The bonds on auction are a three-year, 10-year bond and a 20-year paper which were first auctioned earlier on different dates. The three-year bond was first sold in April when its coupon (interest) rate was recorded at 11.76 percent.

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